GNX 0.00% 27.0¢ genex power limited

Ann: Change in substantial holding, page-2

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    JPower share interest has increased from 7.72% to 8.95% based on those that have already accepted the takeover offer. Not a substantially offer to date, with only 1.23% of shares accepting the takeover offer (that is the backup 27c offer if the scheme fails). One would assume that the same 1.23% have accepted the Scheme as well. As much as I'd like to know the numbers, I don't think we will see many more of these Change in substantial holding notices, because if I am reading it correctly, the statement below says they don't need to until the relevant interest exceeds 40%.
    https://hotcopper.com.au/data/attachments/6258/6258156-45a925144d1fa1caac02b9d655b2eb6d.jpg

 
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